Odd location for something like this, but I guess they see something in it. This is all the way out in Cypress. Plans are for a large scale mixed use development.
Developer: i3 + Edge Realty + Transwestern
Architect: Identity Architects + Landology
More from HBJ: https://www.bizjournals.com/houston/news/2019/07/17/houston-real-estate-co-developing-24-acre-mixed.html
Images from article: